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Sold for $687,000
  • $687,000

    5004 Thomas Dr #104, Panama City Beach, FL 32407

    2beds
    1,370sqft
    Condominium
    Built in 2005
    -- sqft lot
    $626,500 Zestimate®
    $501/sqft
    $2,330 Estimated rent

    Home value

    $626,500

    $589,000 - $664,000

    $2,330/mo

    Zestimate® history
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    What's special

    An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive - a FIRST-FLOOR condo at Treasure Island Resort. Enjoy the convenience of ground-level reserved parking with no steps, no elevator, and no fuss. Simply walk straight into paradise at 5004 Thomas Drive, Unit 104. In 2023, this condo generated an impressive $85,000 in gross rental income. Treasure Island, 104 is perfectly situated on the ground floor, offering easy access and endless adventure. Your private parking spot is just steps from your new condo. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway, or investment property. It features new furniture, artwork, and stunning decor throughout the 2-bedroom, 2-bath gem! Fresh paint has been applied throughout, including the cabinets, and new custom window treatments with blackout options allow for a full gulf view. Both bedrooms feature king beds with new mattresses, and there's a bonus set of bunk beds built into the wall with a ladder, as well as a pull-out sofa bed with a new comfort mattress, accommodating up to eight guests to maximize space and rental income. The condo is outfitted with three new smart TVs—two 65-inch and one 43-inch. The open-concept kitchen boasts beautiful granite countertops, a new dishwasher, new pots and pans, updated kitchen accessories, and everything you need for cooking. Additional updates include a new washer and dryer, a new HVAC system, and beach chairs and an umbrella. The most incredible feature is the ability to walk straight out of your unit directly to the beach—truly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with great local restaurants and outdoor activities, making it the ideal place to vacation, live, or both. Life is meant to be experienced, and Treasure Island, Unit 104, is the epitome of just that!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Clowdus 256-504-3799,

    Counts Real Estate Group Inc

    Bought with:

    Brian Clowdus

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 757540MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Gulf Views
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Dimensions: 13 x 11
    Kitchen
    • Description: Gulf Views
    • Level: First
    • Dimensions: 14 x 14
    Living room
    • Description: Gulf Views
    • Level: First
    • Dimensions: 16 x 16
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Bar Fridge, Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Wine Cooler
    • Laundry: Stacked
    Features
    • Doors: Storm Door(s)
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony, Covered, Patio
    • Exterior features: Barbecue, Outdoor Shower
    • Pool features: Electric Heat, In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 31437104000
    • Zoning description: Resort

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, High Speed Internet Available, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Pool, Waterfront, Barbecue, Short Term Rental Allowed
    • Security: Building Security, 24 Hour Security, Security Service
    • Subdivision: Treasure Island Resort
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $501/sqft
    • Tax assessed value: $573,750
    • Annual tax amount: $6,993
    • Date on market: 5/23/2024
    • Cumulative days on market: 1 day

    Price history

    DateEventPrice
    5/31/2024Sold$687,000-1.7%$501/sqft
    Source: CPAR #757540 Report a problem
    5/25/2024Pending sale$699,000$510/sqft
    Source: CPAR #757540 Report a problem
    5/23/2024Listed for sale$699,000+18.7%$510/sqft
    Source: CPAR #757540 Report a problem
    6/30/2021Sold$589,000$430/sqft
    Source: CPAR #711114 Report a problem
    5/10/2021Contingent$589,000$430/sqft
    Source: CPAR #711114 Report a problem
    5/4/2021Listed for sale$589,000+70.7%$430/sqft
    Source: CPAR #711114 Report a problem
    4/6/2012Listing removed$345,000+19%$252/sqft
    Source: Jim Free Realty Report a problem
    2/3/2009Sold$290,000-15.9%$212/sqft
    Source: Public Record Report a problem
    9/28/2008Listed for sale$345,000$252/sqft
    Source: Jim Free Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,091 +1.4%$573,750 +5.8%
    2023$6,993 +21.8%$542,300 +10%
    2022$5,742 $493,000
    2021-- --
    2020$4,069 +7.7%$326,821 +10%
    2019$3,779 $297,110 +10%
    2018$3,779 +10.5%$270,100 +0.6%
    2017$3,421 -0.1%$268,600 +1.9%
    2016$3,425 +2.8%$263,500 +6.7%
    2015$3,331 $246,840 +10%
    2014$3,331 $224,400 +10%
    2013-- $204,000 +3.2%
    2012-- $197,625 -6.3%
    2011-- $210,800 -7.3%
    2010-- $227,375 -13.7%
    2009-- $263,500 -22.5%
    2008-- $340,000 -15.8%
    2007-- $403,750 -17.4%
    2006-- $488,752
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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